Progress at Harbourvest and investor roadshow details
Harbourvest, the FTSE 250 private equity business, well-known for it’s early investments in goliaths such as Facebook, Uber and LinkedIn, have today announced half year results for the period ending 31 July 2017 . Net asset value per share grew by 8% in US dollars over the six month period, whilst almost doubling since inception in 2007. The group, who operate globally as a diversified and active portfolio manager saw net realisations grow to $149m compared to $101m in the same period last year.
With net cash of $200m and zero borrowing, the group feel they are well placed to take advantage of investment opportunities available in private markets.
FMP-IR, the operator of Five Minute Pitch TV are organising meetings between Harbourvest and professional investors in Cheltenham and Bristol over the coming months. Anyone wishing to attend group events, or organise a 1/1 meeting can contact us here to arrange.